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South Africa - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth Africa: Wind Powered Generator Market 2024
Wind Powered Generator Market Size in South Africa
In 2021, the South African wind powered generator market decreased by -94.3% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption continues to indicate a dramatic contraction. Over the period under review, the market reached the peak level at $X in 2020, and then contracted dramatically in the following year.
Wind Powered Generator Exports
Exports from South Africa
In 2021, the amount of wind powered generating sets exported from South Africa soared to X units, surging by 96% compared with 2020 figures. Over the period under review, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 736,282% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.
In value terms, wind powered generator exports contracted rapidly to $X in 2021. Overall, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of 909%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
France (X units) was the main destination for wind powered generator exports from South Africa, with a 74% share of total exports. Moreover, wind powered generator exports to France exceeded the volume sent to the second major destination, Seychelles (X units), tenfold. Botswana (X units) ranked third in terms of total exports with a 7.1% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +97.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Seychelles (0.0% per year) and Botswana (+30.2% per year).
In value terms, the largest markets for wind powered generator exported from South Africa were Botswana ($X), France ($X) and China ($X), with a combined 49% share of total exports. Swaziland, Germany, the United States, Seychelles and Spain lagged somewhat behind, together comprising a further 26%.
Germany, with a CAGR of +63.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average wind powered generator export price stood at $X per unit in 2021, shrinking by -89% against the previous year. Overall, the export price saw a dramatic contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 68,202%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020, and then reduced notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+295.3%), while the prices for the other major destinations experienced a decline.
Wind Powered Generator Imports
Imports into South Africa
In 2021, after two years of growth, there was significant decline in purchases abroad of wind powered generating sets, when their volume decreased by -93.9% to X units. Over the period under review, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 815,743%. Imports peaked at X units in 2020, and then contracted rapidly in the following year.
In value terms, wind powered generator imports fell remarkably to $X in 2021. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2019 when imports increased by 445,723%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Spain (X units) constituted the largest supplier of wind powered generator to South Africa, with a 74% share of total imports. Moreover, wind powered generator imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was taken by China (X units), with a 6.8% share.
From 2012 to 2021, the average annual growth rate of volume from Spain totaled -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-22.9% per year) and China (-39.9% per year).
In value terms, Spain ($X) constituted the largest supplier of wind powered generating sets to South Africa, comprising 80% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by China, with a 5.4% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +72.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+40.4% per year) and China (+1.4% per year).
Import Prices by Country
The average wind powered generator import price stood at $X per unit in 2021, falling by -33.5% against the previous year. Overall, the import price, however, posted a significant expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 56,523% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+832.5%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wind powered generator market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28112400 - Generating sets, wind-powered
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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